Sentences with phrase «global imbalance»

They constrained the TOA budget to match estimates of the global imbalance associated with changes in atmospheric composition and climate.

A comprehensive error analysis of the CERES mean budget (Wielicki et al. 2006) is used in Fasullo and Trenberth (2008a) to guide adjustments of the CERES TOA fluxes so as to match the estimated global imbalance.

The last sentence of P&B refers to the global imbalance that should have been seen in the oceanic calorimeter: but the observed geographically selective effect (notice n ° 13) does not fit well with the assumption of a uniform infrared radiative forcing due to more CO2.

You need to consider the scale of the global imbalance needed to warm the ocean that much.

If the ocean were to stop warming as Curry suggests, it would require an explanation of where the energy from the global imbalance is going.

If global warming were to «pause», it would require an explanation of where the energy from the global imbalance is going.

The Nature study is talking about changes associated with ocean circulation even while CO2, and the global imbalance, and global temperature, is increasing.

That creates a global imbalance between the countries in need of knowledge and those that build it.

I've argued now, for longer than I wish, that we are in a secular bear market driven by global imbalances.

This doesn't mean there isn't a great deal of money to be made during the bear market (on both the long and short side), but at some point we must recognize that our global imbalances all remain.

One of the root causes of the financial crisis was global imbalances: America's super-sized current account deficit and China's equally massive surplus.

«Global Imbalances: Is the World Economy Really at Risk?»

Posted by Andrew Jackson under balance of payments, global imbalances, international trade.

Her research spans two main topics — global imbalances and globalisation of technology and services.

I can't figure out the next step, though — I'm guessing this simply forces the global imbalances onto the commodity - exporting countries, which would presumably experience a temporary economic boom eve while the rest of the world enters recession?

Posted by Arun DuBois under capitalism, economic crisis, economic growth, economic risk, free markets, GDP, global crisis, global imbalances, globalization.

But it turns out that I may have been wrong to think that an appreciating currency would make the scariest graph in the world nothing more than an opportunity for my students to debate global imbalances.

Shifting (a nascent trend) from a global savings glut supported by lower commodity prices and toward narrowing global imbalances amid stronger global demand, which will depend to some extent on whether China can succeed in making the middle income transition.

Unable to come up with any agreement in Seoul on resolving conflicts over currency and trade, the G20 created its own mantra: «Persistent global imbalances pose a threat to economic stability.»

Global Imbalances and U.S. Policy Responses: A Canadian Perspective, Canadian - American Committee 55, by Richard G. Lipsey and Murray G. Smith.

While some tell us that inflationary pressures are temporary and primarily due to bottlenecks in the energy sector, we have long argued that inflation in all commodity prices is not a temporary supply issue, but driven by the global imbalances.

It suggests that «global imbalances» were the most discussed risk; that changes in household saving and borrowing had been recognised; and that there was a sense of the emergence of China as an important economic force for the Australian and global economies.

They write, «a deleveraging in the developed world would correct global imbalances in a deflationary way.

And the national systems of acroeconomic regulation — in the exporting countries (Germany and Northern Europe in EMU and Japan, as well of course as China with more dirigiste macroeconomic management)-- allowed the development of (massive) global imbalances which ratcheted up this possibility.

As is well known these high leverage levels were massively reinforced by global imbalances.

He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.

To make matters worse, those global imbalances still persist!

Having started out with artists who were mostly male and American, Morgan is correcting gender and global imbalances in a big way.

«There is a TOA imbalance of 6.4 W m - 2 from CERES data and this is outside of the realm of current estimates of global imbalances (Willis et al. 2004; Hansen et al. 2005; Huang 2006) that are expected from observed increases in carbon dioxide and other greenhouse gases in the atmosphere.

Not exact matches

He points to high levels of global debt, low liquidity in markets, political events affecting trade and structural imbalances in some emerging economies.

The flawed Chinese currency peg continues to impose imbalances on the global economy.

«True, there are encouraging signs of economic recovery in those advanced economies most affected by the global financial crisis which erupted in 2008... [but] the report finds that those economic improvements will not be sufficient to absorb the major labor market imbalances that built up in recent years.»

Global oil production may put a dent in the progress made the Organization of Petroleum Exporting Countries in correcting a supply - demand imbalance.

The social network is applying the same spirit of experimentation to its employment imbalances that it does to its products, says Maxine Williams, Facebook's global director of diversity.

The book's short chapters address the economic underpinnings and challenges of everything from climate change to global governance to the imbalance between savings and investment in China.

The devaluation has caused turmoil in markets all over the world this past week due to fears of a global trade imbalance and currency wars.

US Treasury Secretary Mnuchin complained about persistent trade surpluses and stated that «We urge the IMF to speak out more forcefully on the issue of external imbalances, including by providing clear policy recommendations for countries with large surpluses, in support of more balanced global growth.»

Rather than intervene directly, only to undermine global trade and worsen these imbalances, Washington must address the role the U.S. plays in absorbing global capital.

Perhaps it makes sense to conclude with the more general observation that changes in the size of global capital flows and the accompanying imbalances increase the importance of sustaining the credibility of monetary policy, because they increase the costs of a loss of credibility or a negative shock to credibility.

Rather than add to the mass of coverage that the recent market events in China have generated, or to continue expressing my concern about the intractable arithmetic of global demand imbalances, I plan to discuss the process of Chinese reform and adjustment in this issue of my blog.

In addition, the global supply / demand imbalances in energy and natural resources lead us to conclude that this will be an attractive area for the foreseeable future.

In considering how Chinese adjustment will affect Australia, one must consider global savings imbalances.

Once we recognize that bilateral trade reflects the complexity of trade in the global economy, and not the sources of the trade imbalances (as I explain in Section 9), it becomes clear that Mexico is not a source of American trade imbalances, and is in fact far more likely to be providing relief.

This means Mexico is importing excess global savings and, rather than contributing to global and U.S. trade imbalances, is in fact helping to absorb them.

In today's environment of weak global demand, there has been little appetite among any major economies for the excess production and savings of these major surplus nations, but the absence of capital controls has made the United States the default adjustment for global capital imbalances.

Current account imbalances (1) provide a misleading picture of the global pattern of financing flows and intermediation and (2) do little to inform about potential risks to financial stability.

Attempts to export its excess savings can only lead to one of three outcomes: A) global growth rises because Europe's savings are all directed at developing countries with significant infrastructure investment needs and insufficient capital, B) global growth drops sharply, global unemployment rises, and China's adjustment becomes all but impossible, C) international trade and capital flows collapse in a repeat of the 1930s, so that Europe is forced to resolve its savings imbalance either by a massive increase in unemployment or a wave of sovereign defaults.

A final consideration is that the imbalances and inequities which are a characteristic of the global economy can not be corrected by unilateral actions but requires a concerted effort.

There is a threat to its Sovereign Bond rating be cut to junk status by global rating agencies as Brazil faces a tough fiscal imbalance.

Armored Wolf's first quarter global macro commentary centers on imbalances.